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gewusel gewusel
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6 years ago
Sam got a job at the Brick. He plans to save $500 every month for 3 years to buy a car. The savings account earns 2.25% compounded semi-annually. If he puts the money in his savings account at the beginning of each month, what will be the balance in the account at the end of the three-year term?
A) $18 635.22
B) $18 600.50
C) $18 603.37
D) $18 638.25
E) $17 390.19
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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3 years ago
Thanks very much
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3 years ago
Thanks
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3 years ago
Thank you
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